Promenada Mall developed by Raiffeisen Evolution to open in October
Promenada Mall, the EUR 135 million investment of the Austrian Raiffeisen Evolution will open in five months.
Raiffeisen Evolution, a real estate developer with Raiffeisen Austrian bank as main shareholder will open by the end of October a new mall in Bucharest, Promenada project in Floreasca area, a project who targets mainly the 70,000 employees of the companies with headquarters in Northern Bucharest.
The mall implies an investment of approx. EUR 135 million, EUR 100 million being already invested in the project, as the construction works are 75% finalized.
Approx. 90% of the rentable area of 38,000 sq. m was already leased by retailers such Peek & Cloppenburg, Inditex, H&M, C&A, Billa or Flanco, and the developers estimations indicate approx. 30,000 visitors traffic during the week.
„We strongly bet on a heavy traffic from Monday to Friday, when we expect for approx. 30,000 people every day. In the office buildings in the neighbourhood approx. 70,000 people will work, which could come to the mall walking “, has declared Monica Bărcuţean, managing director of the local branch of Raiffeisen Evolution. (source: zf.ro)